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renewable energy investment

ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark

Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […]

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Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu

The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […]

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Kailash Vaswani to Steer ReNew as Chief Financial Officer

The Board of Directors of ReNew Energy Global plc has accepted the resignation of Kedar Upadhye as the Chief Financial Officer of ReNew Energy Global Plc, on September 6, 2023.Upadhye’s resignation will be effective on October 30, 2023. Upadhye is resigning to pursue an opportunity outside ReNew in a products-driven sector. Sumant Sinha, Founder, Chairman […]

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20 GW Sun Cable Darwin Project On Track Again Under Atlassian Founder

Australian Software billionaire and Atlassian Founder Mike Cannon-Brookes has ensured the revival of the 20 GW, trans ocean Sun Cable Project, taking it out of administration by assuming full ownership. The project, to be set up near Darwin in Australia’s sparsely populated Northern Territory, is planned with a 20 GW solar footprint, besides 40 GWh […]

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WattPower Starts Solar Inverter Factory In Chennai With 10GW Capacity 

Renewable solutions firm Wattpower has now started a string inverter factory in Tamil Nadu. The company claimed that the plant in the southern Indian state would produce solar inverters to aid the growth of the renewable energy sector in the country. The company has planned to produce solar inverters with 10GW capacity.  As per the […]

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Cabinet Approves Rs 3,760cr For VGF Scheme On Battery Storage

Union Minister Anurag Thakur said that the Union Cabinet today approved a special scheme of Viability Gap Funding (VGF) for the battery energy storage system manufacturers in India. After the Cabinet meeting, he briefed the media on the issue today in New Delhi. Prime Minister Narendra Modi chaired the meeting. The announcement came days before […]

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Google to Power Irish Offices & Data Centre with Solar from Power Capital

Ireland-based Power Capital Renewable Energy (PCRE), which delves into the design, development, financing, building and operation of solar power plants, has entered into a power purchase agreement (PPA) with American multinational technology firm Google. The agreement will help power up the data centre and offices of Google in Ireland with solar energy worth 58 MW […]

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Clients Willing To Pay A Premium For Green Data Centres- Moiz Vaswadawala, NTT

Moiz Vaswadawala, Vice President, Risk management and Sustainability at NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd, the leading data center provider in India currently, talks about the push towards greener, more sustainable data centres. Excerpts from the interview: What is a data centre’s total energy footprint like, in terms of power, water, […]

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India On A Right Track Towards Net-Zero But Need Finances: Report

A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […]

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